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Category > Business & Finance Posted 27 May 2017 My Price 11.00

Yesterday Sandi sold 1,000 shares

Yesterday Sandi sold 1,000 shares of stock that she owned for $45 per share. When she purchased the stock two years ago, Sandi paid $50 per share. Every three months during the time that she held the stock, Sandi received a quarterly dividend equal to $0.50 per share. A total of eight dividends were received. (a) What return (yield) did Sandi earn during the two years she held the stock? (b) If the price of the stock was $45 per share one year ago, what return did Sandi earn in each year she held the stock?

 

 

 
 
 

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Status NEW Posted 27 May 2017 07:05 PM My Price 11.00

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